Archive for Tuesday, July 22, 2008

Woodlands to close Aug. 24

July 22, 2008

The Woodlands Race Park in Kansas City, Kan., will be closing Aug. 24, according to an Associated Press article published this afternoon. Howard Grace, president of the venue's parent company, Kansas Gaming LLC, said industry-wide declines in pari-mutuel revenues had hit the race track and that the site might reopen at a later date.

The Woodlands had been cleared to install up to 800 slot machines under the state's expanded lottery law that also provided for four state-owned casinos to be built.

Unified Government of Wyandotte County/Kansas City, Kan., Mayor Joe Reardon said the announcement was bad news but he was hopeful an alternative to the track's shuttering could be found to avert the loss of more than 200 jobs.

"Our citizens voted overwhelmingly to allow slot machines at The Woodlands. Our community has fought for more than 15 years for this to become a reality. We believed those steps would lead to a Woodlands that would be on a strong financial footing," Reardon said. "I am hopeful that within the next 60 days The Woodlands and the Lottery Commission can craft an agreement that makes good business sense for both and is beneficial to the taxpayers of Kansas and the citizens of Wyandotte County."


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